[Sep 18, 2011 8:01:29 PM EDT] InvestorsLive OK so my thoughts are – since we didn’t get many questions in
[Sep 18, 2011 8:01:39 PM EDT] InvestorsLive I’ll cover those then I took some snap shots of chart set ups
[Sep 18, 2011 8:01:42 PM EDT] InvestorsLive that have been current plays
[Sep 18, 2011 8:01:49 PM EDT] InvestorsLive and go over how and why I form the bias I do
[Sep 18, 2011 8:02:10 PM EDT] InvestorsLive since literally 99% of trading for the past 6 months + now is Nasdaq
[Sep 18, 2011 8:02:15 PM EDT] InvestorsLive since OTCs are suckin’
[Sep 18, 2011 8:02:20 PM EDT] InvestorsLive it’s mostly purely TA and set ups
[Sep 18, 2011 8:02:36 PM EDT] InvestorsLive same as always I’ll cover those questions – go over the charts and just ask questions on topic
[Sep 18, 2011 8:03:02 PM EDT] InvestorsLive QUESTION: Hi Nate, I pretty much break even in the past 3 years of trading. I now only have 2k in my margin account, it seems takes forever to get to 25k by trading regular stocks or putting money in from my part time job. I am thinking only play the pennypic,and hopefully get my 25k and start daytrading asap. Is this the right thought? It seems pennypic has at least one pick every month. Please give me some advice, thank you.
[Sep 18, 2011 8:03:23 PM EDT] InvestorsLive Agree but there is a + there and a –
[Sep 18, 2011 8:03:48 PM EDT] InvestorsLive I always have good success with small accounts with the pennypic types because I’ll snag them and hold because it’s a small amount of money so easier to hold through dips
[Sep 18, 2011 8:04:00 PM EDT] InvestorsLive and end up making 50-100% on a play and go from there
[Sep 18, 2011 8:04:10 PM EDT] InvestorsLive sure, any other market that’s a great idea – could work
[Sep 18, 2011 8:04:32 PM EDT] InvestorsLive Pro: I’ve done it… easy $$ to just snag and sell out and wait for next if you’re limited on trades
[Sep 18, 2011 8:04:41 PM EDT] InvestorsLive Con: they suck right now, and it’s hit or miss
[Sep 18, 2011 8:05:16 PM EDT] InvestorsLive I would suggest probably not holding out for just them, you may end up having no trades that month
[Sep 18, 2011 8:05:35 PM EDT] InvestorsLive I think it’s best to find a chart that has hit a bottom – looks like solid support (beat chart aka beat up) down a lot
[Sep 18, 2011 8:05:49 PM EDT] InvestorsLive and has been bouncing, as long as no pending news – something that you can hold o/n
[Sep 18, 2011 8:05:58 PM EDT] InvestorsLive and prevent a daytrade from being used
[Sep 18, 2011 8:06:31 PM EDT] InvestorsLive if you go back 2-3 months sure, pennypic / bestdamnpennystocks / crazypenny you could expect at least 2 maybe 3 per month between the 3
[Sep 18, 2011 8:07:09 PM EDT] InvestorsLive re: Pumpers I follow, New Memebers Page –> OTC Seminar –> one of the first pages in the powerpoint states who and why I follow the pumpers I do
[Sep 18, 2011 8:07:23 PM EDT] InvestorsLive there’s only 3 and currently they all suck (GDGI being BDPS’s last play)
[Sep 18, 2011 8:08:17 PM EDT] InvestorsLive QUESTION: Several examples of Parabolics, Momentum shifts, and R/G from the last couple weeks. I’ve been watching the moves and looking at the charts, but it still hasn’t fully ‘clicked’ yet, so I’m sure some examples would really help (also entry and exit point from those past trades could REALLY be beneficial if you’re willing to share)
[Sep 18, 2011 8:08:38 PM EDT] InvestorsLive as you know all my trades in Broad St are imported
[Sep 18, 2011 8:08:44 PM EDT] InvestorsLive so entry / exits you can always go back and look
[Sep 18, 2011 8:08:50 PM EDT] OddStockTrader I noticed one of your scans was for BHRT any thoughts on it now?
[Sep 18, 2011 8:09:20 PM EDT] InvestorsLive please keep to topic as asked thx
[Sep 18, 2011 8:09:45 PM EDT] InvestorsLive sometimes entry and exits on BST are averages if I am trading in and out of the stock without closing 100% of a position
[Sep 18, 2011 8:09:47 PM EDT] InvestorsLive but
[Sep 18, 2011 8:09:57 PM EDT] killyourtv So profit.ly will have that entry/exit info Nate?
[Sep 18, 2011 8:10:06 PM EDT] InvestorsLive the best place for this is chat logs
[Sep 18, 2011 8:10:12 PM EDT] InvestorsLive if ur looking to go back
[Sep 18, 2011 8:10:13 PM EDT] InvestorsLive and learn
[Sep 18, 2011 8:10:19 PM EDT] InvestorsLive u can see all the times i call out the trade
[Sep 18, 2011 8:10:22 PM EDT] InvestorsLive review the 1 min chart
[Sep 18, 2011 8:10:27 PM EDT] InvestorsLive and if questions feel free to PM me
[Sep 18, 2011 8:10:30 PM EDT] InvestorsLive one thing to note here
[Sep 18, 2011 8:10:37 PM EDT] InvestorsLive re: red green type plays, etc are the charts
[Sep 18, 2011 8:10:48 PM EDT] InvestorsLive I’m not interested in just any ordinary stock going red to green on the day
[Sep 18, 2011 8:11:00 PM EDT] InvestorsLive that’s not the “loaded definition” that we have when we mention r/g
[Sep 18, 2011 8:11:22 PM EDT] InvestorsLive we are interested in stocks that rocketed last week … Thurs Fri
[Sep 18, 2011 8:11:24 PM EDT] InvestorsLive pulled back
[Sep 18, 2011 8:11:34 PM EDT] InvestorsLive and now tomorrow or Tuesday it’s consolidated, catched vol and test r/g
[Sep 18, 2011 8:11:37 PM EDT] InvestorsLive OR
[Sep 18, 2011 8:11:44 PM EDT] InvestorsLive had a big day Monday … pulls back Tuesday
[Sep 18, 2011 8:11:50 PM EDT] InvestorsLive consolidates and starts to head for red/green
[Sep 18, 2011 8:12:08 PM EDT] InvestorsLive the ‘loaded definition’ red/green carries with it is that it’s a stock that is/has been in play as of recent
[Sep 18, 2011 8:12:10 PM EDT] InvestorsLive make more sense?
[Sep 18, 2011 8:12:32 PM EDT] InvestorsLive stocks that I am interested in parabolics or late day fades are charts that are over extended
[Sep 18, 2011 8:12:40 PM EDT] InvestorsLive not just if a random stock on a random day pops
[Sep 18, 2011 8:12:50 PM EDT] InvestorsLive (which ill have some chart examples of this again later on)
[Sep 18, 2011 8:13:07 PM EDT] InvestorsLive but does that make more sense to u killy re: not just red/green or green/red etc
[Sep 18, 2011 8:13:15 PM EDT] InvestorsLive but all of it
[Sep 18, 2011 8:13:52 PM EDT] killyourtv yes
[Sep 18, 2011 8:14:02 PM EDT] InvestorsLive http://www.investorsunderground.com/img/VEKYAFVSHT.png
[Sep 18, 2011 8:14:05 PM EDT] InvestorsLive for example XTXI
[Sep 18, 2011 8:14:21 PM EDT] InvestorsLive we’re interested b/c its over extended
[Sep 18, 2011 8:14:25 PM EDT] InvestorsLive this is a chart for later but
[Sep 18, 2011 8:14:37 PM EDT] InvestorsLive u can see why the bias is to the short side on a late day fade
[Sep 18, 2011 8:14:55 PM EDT] InvestorsLive or why its a long bias if it consolidates and hits red/green
[Sep 18, 2011 8:15:05 PM EDT] killyourtv an r/g alert is basically a way of saying “hey, this stock has exhibited X behavior previously, and Y was the result”
[Sep 18, 2011 8:15:15 PM EDT] InvestorsLive no
[Sep 18, 2011 8:15:24 PM EDT] InvestorsLive r/g alert is taking into account everything I said prior
[Sep 18, 2011 8:15:29 PM EDT] InvestorsLive its not just going red to green on the day
[Sep 18, 2011 8:15:33 PM EDT] InvestorsLive its the fact htat it’s been in play
[Sep 18, 2011 8:15:34 PM EDT] InvestorsLive its a known runner
[Sep 18, 2011 8:15:38 PM EDT] InvestorsLive it was just in play
[Sep 18, 2011 8:15:43 PM EDT] killyourtv that’s what I mean… sorry
[Sep 18, 2011 8:15:45 PM EDT] InvestorsLive and/or the daily range has been expanded reently
[Sep 18, 2011 8:15:51 PM EDT] InvestorsLive right
[Sep 18, 2011 8:16:29 PM EDT] EM101 its a known runner consolidating possible move higher, red / green ? can we ask questions?
[Sep 18, 2011 8:17:43 PM EDT] InvestorsLive if they are on topic feel free to ask questions, Im going to charts next but keep in mind everything I PMed u earlier EM
[Sep 18, 2011 8:17:58 PM EDT] InvestorsLive also killy – if I anticipate a red/green move … lets say a stock is red on the day
[Sep 18, 2011 8:18:09 PM EDT] InvestorsLive moved $5.50 to 7.50 the day prior
[Sep 18, 2011 8:18:16 PM EDT] InvestorsLive pulled back and was consolidating at 6.80
[Sep 18, 2011 8:18:25 PM EDT] InvestorsLive sideways for a good 30 min + and started inching off the .80 support
[Sep 18, 2011 8:18:38 PM EDT] InvestorsLive I would more than likely ANTICIPATE the red/green test (prior close = $7)
[Sep 18, 2011 8:18:46 PM EDT] InvestorsLive so .20 away .. I’d prob snag at .85 and add .90
[Sep 18, 2011 8:18:50 PM EDT] killyourtv I’d say that stock might have a good chance to magnet 8 if the volume is there
[Sep 18, 2011 8:18:54 PM EDT] InvestorsLive and sell at least SOME into the anticipated red/green move
[Sep 18, 2011 8:19:04 PM EDT] InvestorsLive so when everyone wants it at 7 and it pops thru the whole #
[Sep 18, 2011 8:19:15 PM EDT] InvestorsLive I’m looking to sell SOME just to lock in then ride it if it holds onto $7
[Sep 18, 2011 8:20:08 PM EDT] InvestorsLive alright so I made some charts up since not many questions
[Sep 18, 2011 8:20:16 PM EDT] InvestorsLive wanted to go over how I get my “bias”
[Sep 18, 2011 8:20:21 PM EDT] InvestorsLive and what the charts look like etc
[Sep 18, 2011 8:20:32 PM EDT] InvestorsLive so YOKU for example
[Sep 18, 2011 8:20:38 PM EDT] InvestorsLive Friday I’m short biased? Why?
[Sep 18, 2011 8:20:39 PM EDT] InvestorsLive http://www.investorsunderground.com/img/ZDMNAPOFVK.png
[Sep 18, 2011 8:21:06 PM EDT] InvestorsLive if you look at the 1 min chart on Friday
[Sep 18, 2011 8:21:18 PM EDT] InvestorsLive it was holding 20.25-.30 area most of the day
[Sep 18, 2011 8:21:33 PM EDT] InvestorsLive then late day crack it dropped to 20.10 area
[Sep 18, 2011 8:21:58 PM EDT] InvestorsLive this is the 3rd time it’s tested $20 if it does crack this thing is going south, and south fast but it may takea few tries, much like it did Friday
[Sep 18, 2011 8:22:15 PM EDT] InvestorsLive but the important point here is I positioned myself short with the prior intraday support
[Sep 18, 2011 8:22:23 PM EDT] InvestorsLive $20.25-30 where it cracked from
[Sep 18, 2011 8:22:30 PM EDT] InvestorsLive as my MENTAL stop
[Sep 18, 2011 8:22:37 PM EDT] InvestorsLive and if it goes there I’m ok with the loss
[Sep 18, 2011 8:22:57 PM EDT] killyourtv basically it got hit hard at open, and kept inching down all day… nothing to indicate there would be any longs to come in and save it once it cracked
[Sep 18, 2011 8:22:59 PM EDT] InvestorsLive ie: my position size was based off the possiblity it went to 20.30 area and held
[Sep 18, 2011 8:23:15 PM EDT] InvestorsLive this is the daily chart I posted on intraday
[Sep 18, 2011 8:23:27 PM EDT] InvestorsLive the main point here is the daily chart + intraday chart basically looked the sfame
[Sep 18, 2011 8:23:33 PM EDT] InvestorsLive if u took the #s out
[Sep 18, 2011 8:23:40 PM EDT] phatboyz did u do s/s at 20.25 or at $20?
[Sep 18, 2011 8:23:52 PM EDT] InvestorsLive no, shorted $20.10s etc where I had alerted
[Sep 18, 2011 8:24:04 PM EDT] InvestorsLive partial size and then added in when it crakced $20.05
[Sep 18, 2011 8:24:48 PM EDT] phatboyz is there a reason 20.10 or because $20.20 was broken?
[Sep 18, 2011 8:24:51 PM EDT] InvestorsLive http://bit.ly/pRPaJg
[Sep 18, 2011 8:24:53 PM EDT] killyourtv do you go back further and see if historically it had exhibited similar behavior (previous support levels)?
[Sep 18, 2011 8:24:55 PM EDT] InvestorsLive that’s intrady chart
[Sep 18, 2011 8:25:07 PM EDT] InvestorsLive phatboyz – see what I said above?
[Sep 18, 2011 8:25:10 PM EDT] InvestorsLive with why I short it …
[Sep 18, 2011 8:25:14 PM EDT] InvestorsLive cracked intraday support
[Sep 18, 2011 8:25:24 PM EDT] phatboyz yes ty
[Sep 18, 2011 8:25:26 PM EDT] InvestorsLive see how it was holding $20.20?
[Sep 18, 2011 8:25:28 PM EDT] InvestorsLive all day
[Sep 18, 2011 8:25:59 PM EDT] InvestorsLive it cracked and cracked hard like I thought but held 19.85-90 the 3x it tested so that’s why I had suggested taking some off/locking in etc
[Sep 18, 2011 8:26:12 PM EDT] InvestorsLive so could this have gone to $19? yes … probably will go to $18
[Sep 18, 2011 8:26:17 PM EDT] InvestorsLive did it? no … tick tock
[Sep 18, 2011 8:26:44 PM EDT] InvestorsLive not every trade will pan out exactly as anticipated just like RIMM how many times it took to finally get the big pay day
[Sep 18, 2011 8:26:57 PM EDT] InvestorsLive I look at 3-6 month charts killy
[Sep 18, 2011 8:27:11 PM EDT] InvestorsLive So QPSA another example: http://www.investorsunderground.com/img/GDAHIWJRVZ.png
[Sep 18, 2011 8:27:15 PM EDT] InvestorsLive has been on scan long biased
[Sep 18, 2011 8:27:17 PM EDT] InvestorsLive why?
[Sep 18, 2011 8:27:30 PM EDT] InvestorsLive how many times has it tested $4 now
[Sep 18, 2011 8:27:33 PM EDT] InvestorsLive good solid bottom
[Sep 18, 2011 8:27:35 PM EDT] InvestorsLive keeps bouncing off
[Sep 18, 2011 8:28:04 PM EDT] InvestorsLive so I had on scan and was long – would have worked out suggested as possible swinger I took a loss on it b4 I left for NYC
[Sep 18, 2011 8:28:09 PM EDT] InvestorsLive but the key here is why was I long biased?
[Sep 18, 2011 8:28:27 PM EDT] InvestorsLive held the low like I had said – has been a former runner
[Sep 18, 2011 8:28:33 PM EDT] InvestorsLive extremely beat (beat up) chart
[Sep 18, 2011 8:28:39 PM EDT] OddStockTrader keeps bouncing and if it cracks $5 it goes
[Sep 18, 2011 8:28:45 PM EDT] InvestorsLive and market was hot
[Sep 18, 2011 8:28:56 PM EDT] InvestorsLive so we were long at like $4.65 partial size and I think I wrote in chat
[Sep 18, 2011 8:28:59 PM EDT] tputs001 it could very well crack four and go the other way as well too right?
[Sep 18, 2011 8:29:05 PM EDT] InvestorsLive if $4.75 broke I’d leg in the rest of the way
[Sep 18, 2011 8:29:14 PM EDT] InvestorsLive never did – but did the next day
[Sep 18, 2011 8:29:15 PM EDT] InvestorsLive and bam
[Sep 18, 2011 8:29:27 PM EDT] InvestorsLive right tputs – BUT … ok so that’s the point here
[Sep 18, 2011 8:29:33 PM EDT] InvestorsLive long biased and then u can position yourself
[Sep 18, 2011 8:29:51 PM EDT] InvestorsLive knowing that 1. held a higher low
[Sep 18, 2011 8:30:06 PM EDT] InvestorsLive 2. bounced off, went red and held higher then green = strength
[Sep 18, 2011 8:30:11 PM EDT] InvestorsLive then 3rd day green again and had a trend that day
[Sep 18, 2011 8:30:17 PM EDT] InvestorsLive which is why I brought it up
[Sep 18, 2011 8:30:34 PM EDT] InvestorsLive slow trend – play smaller and size in accordingly
[Sep 18, 2011 8:30:42 PM EDT] InvestorsLive risk was around 4.50 ish otherwise it’d break trend
[Sep 18, 2011 8:30:46 PM EDT] InvestorsLive where it held bottom the prior 2 days
[Sep 18, 2011 8:30:47 PM EDT] tputs001 Thanks!
[Sep 18, 2011 8:31:06 PM EDT] InvestorsLive btw I’m taking these off scan the past few days
[Sep 18, 2011 8:31:09 PM EDT] InvestorsLive i went back the last 5 days scans
[Sep 18, 2011 8:31:19 PM EDT] InvestorsLive on plays I suggested but wanted to put a reason to WHY and WHAT I saw
[Sep 18, 2011 8:31:23 PM EDT] killyourtv 6 month chart on QPSA really shows a lot about the support level as well
[Sep 18, 2011 8:31:31 PM EDT] InvestorsLive and how I form them – hope it helps more than just having the chart on scan
[Sep 18, 2011 8:31:52 PM EDT] InvestorsLive well the other key with QPSA is its a former runner we all know it
[Sep 18, 2011 8:31:55 PM EDT] InvestorsLive mad beat
[Sep 18, 2011 8:31:56 PM EDT] killyourtv higher lows throughout, until it got beat, and then forming that solid base again
[Sep 18, 2011 8:31:58 PM EDT] InvestorsLive just needs reveral and volume
[Sep 18, 2011 8:32:01 PM EDT] InvestorsLive yup
[Sep 18, 2011 8:32:15 PM EDT] InvestorsLive http://www.investorsunderground.com/img/OLYJIPBMAF.png
[Sep 18, 2011 8:32:16 PM EDT] InvestorsLive SIMO
[Sep 18, 2011 8:32:25 PM EDT] InvestorsLive have a 3 month and 6 month chart here
[Sep 18, 2011 8:33:02 PM EDT] OddStockTrader short biased here?
[Sep 18, 2011 8:33:15 PM EDT] InvestorsLive no it was a long biased on scan
[Sep 18, 2011 8:33:19 PM EDT] InvestorsLive last week
[Sep 18, 2011 8:33:26 PM EDT] InvestorsLive reasoning was
[Sep 18, 2011 8:33:31 PM EDT] InvestorsLive see the $11 support
[Sep 18, 2011 8:33:34 PM EDT] killyourtv between 11 and 12 looks like where that oversold stock should sit, UNLESS it builds a new base
[Sep 18, 2011 8:33:42 PM EDT] InvestorsLive so sure it bottomed out at $8 range
[Sep 18, 2011 8:33:54 PM EDT] InvestorsLive but the fact is it’s been consolidating with an $11 top for a month
[Sep 18, 2011 8:34:02 PM EDT] OddStockTrader yea
[Sep 18, 2011 8:34:06 PM EDT] InvestorsLive finally busted it, if it goes to $11.80 area u really gonna short?
[Sep 18, 2011 8:34:08 PM EDT] InvestorsLive whats downside?
[Sep 18, 2011 8:34:26 PM EDT] InvestorsLive not much – broke prior high in August and now near $12 whole # break
[Sep 18, 2011 8:34:41 PM EDT] InvestorsLive but play on scan was weakness in AM
[Sep 18, 2011 8:34:44 PM EDT] InvestorsLive take long for red/green
[Sep 18, 2011 8:34:50 PM EDT] InvestorsLive or any pull back and breaks off consolidation higher
[Sep 18, 2011 8:35:12 PM EDT] OddStockTrader not short biased now based on falling volume pattern though?
[Sep 18, 2011 8:35:25 PM EDT] InvestorsLive at this point I think it’ll consolidate around $12.80-13.20 range for a while but only plays here are gap or AM strength towards $14
[Sep 18, 2011 8:35:33 PM EDT] InvestorsLive any parabolic I’d take for a quick trade
[Sep 18, 2011 8:35:42 PM EDT] InvestorsLive but the downside prob will be only to $13 or a lil less
[Sep 18, 2011 8:35:47 PM EDT] killyourtv yeah, the last month, it has barely held 11… I woulda thought short from 14 as well
[Sep 18, 2011 8:35:51 PM EDT] InvestorsLive need a bigger move to be increasingly short biased
[Sep 18, 2011 8:36:14 PM EDT] InvestorsLive it broke prior resistance back in April May etc
[Sep 18, 2011 8:36:21 PM EDT] InvestorsLive i think this former top will now act as a bottom
[Sep 18, 2011 8:36:34 PM EDT] InvestorsLive BUT regardless if I see this fade into afternoon
[Sep 18, 2011 8:36:47 PM EDT] InvestorsLive ill be short
[Sep 18, 2011 8:36:58 PM EDT] InvestorsLive point with this chart is its not a ‘no brainer short’
[Sep 18, 2011 8:37:03 PM EDT] InvestorsLive its a solid chart
[Sep 18, 2011 8:37:13 PM EDT] InvestorsLive coming off solid support at $11 (which was prior resistance)
[Sep 18, 2011 8:37:21 PM EDT] InvestorsLive so I’m not just going to go out there and short it because its up
[Sep 18, 2011 8:37:33 PM EDT] OddStockTrader true
[Sep 18, 2011 8:37:42 PM EDT] InvestorsLive that’s the point – it’ll prob settle and fade off this level and then consolidate for a long while
[Sep 18, 2011 8:37:46 PM EDT] InvestorsLive and get off our radars
[Sep 18, 2011 8:38:11 PM EDT] InvestorsLive OPTR http://www.investorsunderground.com/img/BPRPTTGLYD.png
[Sep 18, 2011 8:38:25 PM EDT] InvestorsLive couple things on this chart
[Sep 18, 2011 8:38:40 PM EDT] InvestorsLive same as QPSA beat chart but hits $9 pulls back
[Sep 18, 2011 8:38:45 PM EDT] InvestorsLive and starts channeling below it
[Sep 18, 2011 8:38:51 PM EDT] InvestorsLive just like QPSA did below $5
[Sep 18, 2011 8:39:03 PM EDT] InvestorsLive then re-test and bang – held $9 on the re-test
[Sep 18, 2011 8:39:09 PM EDT] InvestorsLive now prior resistance = support
[Sep 18, 2011 8:39:15 PM EDT] InvestorsLive re-tested it again so this was a RED to GREEN play
[Sep 18, 2011 8:39:16 PM EDT] InvestorsLive on weakness
[Sep 18, 2011 8:39:44 PM EDT] InvestorsLive stock in play, making a move – long biased – as I had on scan each day figured it would hit $14 on Tues Weds Thurs scan
[Sep 18, 2011 8:39:54 PM EDT] InvestorsLive we got it, now it either needs to blow off
[Sep 18, 2011 8:39:59 PM EDT] InvestorsLive or capture that late day fade
[Sep 18, 2011 8:40:16 PM EDT] OddStockTrader even though a doji formed at the moment?
[Sep 18, 2011 8:40:26 PM EDT] InvestorsLive if that’s what it’s called
[Sep 18, 2011 8:40:53 PM EDT] InvestorsLive I don’t pay attention to candle stick names – but ya
[Sep 18, 2011 8:40:56 PM EDT] InvestorsLive now key area is $14
[Sep 18, 2011 8:41:04 PM EDT] InvestorsLive so I’ll play accordingly
[Sep 18, 2011 8:41:10 PM EDT] InvestorsLive if this stock is red tomorrow but holding $13.80s all day
[Sep 18, 2011 8:41:18 PM EDT] InvestorsLive and then starts to make a move perking towards $14
[Sep 18, 2011 8:41:24 PM EDT] InvestorsLive vol comes in 13.90s +
[Sep 18, 2011 8:41:29 PM EDT] InvestorsLive I’ll be long for r/g
[Sep 18, 2011 8:41:36 PM EDT] OddStockTrader that makes sense
[Sep 18, 2011 8:41:39 PM EDT] InvestorsLive mental stop around .75-80 area
[Sep 18, 2011 8:41:45 PM EDT] InvestorsLive that’s where/why the RED to GREEN comes in
[Sep 18, 2011 8:41:48 PM EDT] InvestorsLive plays like this
[Sep 18, 2011 8:41:57 PM EDT] InvestorsLive again not just because a stock goes from negative to positive
[Sep 18, 2011 8:42:41 PM EDT] InvestorsLive CGA http://www.investorsunderground.com/img/DETYDGZQAS.png
[Sep 18, 2011 8:42:52 PM EDT] InvestorsLive another example of a long play
[Sep 18, 2011 8:42:53 PM EDT] InvestorsLive from scan
[Sep 18, 2011 8:43:15 PM EDT] InvestorsLive said not a short on scan but watch the pull back and r/g for long etc etc and has room to run to $6
[Sep 18, 2011 8:43:17 PM EDT] InvestorsLive I had written last week
[Sep 18, 2011 8:43:22 PM EDT] InvestorsLive well, we got $6
[Sep 18, 2011 8:43:25 PM EDT] InvestorsLive but why did I say $6?
[Sep 18, 2011 8:43:37 PM EDT] InvestorsLive last top back on July was $6
[Sep 18, 2011 8:44:06 PM EDT] killyourtv SO, just so I’m clear here…
[Sep 18, 2011 8:44:25 PM EDT] InvestorsLive for example:
[Sep 18, 2011 8:44:29 PM EDT] InvestorsLive From Sept 11th scan
[Sep 18, 2011 8:44:31 PM EDT] InvestorsLive “China Green Agriculture, Inc. (CGA) watch pull backs tomorrow and red/green sub $5 .. if it breaks it should run again – not really looking to short unless it has a big parabolic opening and rusn towards $6”
[Sep 18, 2011 8:44:54 PM EDT] InvestorsLive if u look at the chart i posted
[Sep 18, 2011 8:44:56 PM EDT] InvestorsLive the first long line
[Sep 18, 2011 8:44:59 PM EDT] InvestorsLive $4.50
[Sep 18, 2011 8:45:02 PM EDT] InvestorsLive just like QPSA at $5
[Sep 18, 2011 8:45:09 PM EDT] InvestorsLive just like OPTR at $9
[Sep 18, 2011 8:45:15 PM EDT] InvestorsLive prior resistance = new support
[Sep 18, 2011 8:45:25 PM EDT] InvestorsLive came back tested and held $4.50
[Sep 18, 2011 8:45:38 PM EDT] InvestorsLive said on scan not short biased, red/green is play here – then magnet towards $5 and bang
[Sep 18, 2011 8:45:40 PM EDT] killyourtv on this chart, you look for a new higher level of support for a long position, but still consider s/s the fade if it doesn build a new support level
[Sep 18, 2011 8:46:04 PM EDT] InvestorsLive always consider a s/s for late day type fade but it’s nto a text book no brainer type of short
[Sep 18, 2011 8:46:24 PM EDT] InvestorsLive there’s always a scalp here and there on stocks for the short – I love shorting so I’ll always find it but as far as a nice lay up type trade
[Sep 18, 2011 8:46:31 PM EDT] InvestorsLive over extension etc this thing needs to bust a move first
[Sep 18, 2011 8:46:49 PM EDT] InvestorsLive but the key here is that $4.50 just like the prior 2 charts I posted
[Sep 18, 2011 8:46:55 PM EDT] InvestorsLive then that $5 magnet
[Sep 18, 2011 8:47:00 PM EDT] InvestorsLive and other key here is the volume
[Sep 18, 2011 8:47:09 PM EDT] InvestorsLive never under estimate moves on lower vol stocks
[Sep 18, 2011 8:47:16 PM EDT] InvestorsLive they can move dollars vs. cents
[Sep 18, 2011 8:47:42 PM EDT] InvestorsLive XTXI http://www.investorsunderground.com/img/VEKYAFVSHT.png
[Sep 18, 2011 8:47:45 PM EDT] InvestorsLive I had posted earlier
[Sep 18, 2011 8:47:54 PM EDT] InvestorsLive key things to note here $15 prior top
[Sep 18, 2011 8:48:01 PM EDT] InvestorsLive $12 the first short we had
[Sep 18, 2011 8:48:03 PM EDT] InvestorsLive we nailed it by the way
[Sep 18, 2011 8:48:13 PM EDT] InvestorsLive back last day of August that time
[Sep 18, 2011 8:48:24 PM EDT] InvestorsLive tested and was topping out at $12.30 all day
[Sep 18, 2011 8:48:36 PM EDT] InvestorsLive bb short $12.27 (I have good memory)
[Sep 18, 2011 8:48:40 PM EDT] InvestorsLive ended up being good but
[Sep 18, 2011 8:48:50 PM EDT] InvestorsLive I told chat I was short biased obviously n/c of the chart just look at it
[Sep 18, 2011 8:49:01 PM EDT] killyourtv Have a question about CGA
[Sep 18, 2011 8:49:09 PM EDT] InvestorsLive but told chat I was short biased once it cracked 12.20 and held 12.25 as top
[Sep 18, 2011 8:49:17 PM EDT] InvestorsLive so XTXI pulled back
[Sep 18, 2011 8:49:23 PM EDT] InvestorsLive 12.18 range .. broke back thru .20
[Sep 18, 2011 8:49:29 PM EDT] InvestorsLive topped like 12.24-25 or so
[Sep 18, 2011 8:49:35 PM EDT] InvestorsLive and started to fade
[Sep 18, 2011 8:49:40 PM EDT] InvestorsLive so thats when I said I am short
[Sep 18, 2011 8:49:44 PM EDT] InvestorsLive b/c I had a stop to use
[Sep 18, 2011 8:49:54 PM EDT] InvestorsLive I had a reason to take a loss – IF it broke prior high (HODs)
[Sep 18, 2011 8:50:00 PM EDT] InvestorsLive because now it had a lower high
[Sep 18, 2011 8:50:08 PM EDT] InvestorsLive so anyway, locked in that profit and hten covered rest next day
[Sep 18, 2011 8:50:20 PM EDT] InvestorsLive then the next thing to note on this chart
[Sep 18, 2011 8:50:22 PM EDT] InvestorsLive is $13 area consolidation
[Sep 18, 2011 8:50:37 PM EDT] InvestorsLive just like SIMO ($11 consolidation)
[Sep 18, 2011 8:50:41 PM EDT] killyourtv 6-month chart shows almost 3 months of support at 6.40, then a couple months at 5.25ish, would that indicate if new base can stay north of 5.50, it could indicate a push towards 7?
[Sep 18, 2011 8:50:49 PM EDT] InvestorsLive it doesnt matter how big of a move XTXI has …
[Sep 18, 2011 8:50:55 PM EDT] InvestorsLive it’s now consolidated for about a week at $13
[Sep 18, 2011 8:51:07 PM EDT] InvestorsLive so now throw out the ‘no brainer short cuz its up so much’
[Sep 18, 2011 8:51:23 PM EDT] InvestorsLive and focus on the perk/breakout when it bust the last highest high
[Sep 18, 2011 8:51:35 PM EDT] InvestorsLive 1 sec killy
[Sep 18, 2011 8:51:46 PM EDT] InvestorsLive so now can be r/g for long side or late day fade
[Sep 18, 2011 8:51:54 PM EDT] InvestorsLive or parabolic for the s/s
[Sep 18, 2011 8:51:58 PM EDT] InvestorsLive make sense on this chart?
[Sep 18, 2011 8:52:01 PM EDT] killyourtv sorry, didn’t mean to hit send until you acknowledge me… apologies everybody
[Sep 18, 2011 8:52:04 PM EDT] InvestorsLive and important of that $13 consolidation
[Sep 18, 2011 8:52:21 PM EDT] InvestorsLive these are the things I look for in charts
[Sep 18, 2011 8:52:32 PM EDT] InvestorsLive and things that change my opinions about definite shorts/longs etc
[Sep 18, 2011 8:52:37 PM EDT] InvestorsLive make sense / questions?
[Sep 18, 2011 8:53:07 PM EDT] InvestorsLive re XTXI of course
[Sep 18, 2011 8:53:14 PM EDT] InvestorsLive ok if not I’ll head back to CGA
[Sep 18, 2011 8:53:16 PM EDT] killyourtv I see a lot of people talking about “head and shoulders”… is that something you ever look at?
[Sep 18, 2011 8:53:20 PM EDT] InvestorsLive no
[Sep 18, 2011 8:53:31 PM EDT] InvestorsLive was gonna reply to that later – why I didnt cover ur question on the page
[Sep 18, 2011 8:53:35 PM EDT] InvestorsLive what I have on my power points is what I do
[Sep 18, 2011 8:53:42 PM EDT] InvestorsLive nothing more nothing less
[Sep 18, 2011 8:53:52 PM EDT] InvestorsLive just those types of set ups but this is how i ‘form’ my bias
[Sep 18, 2011 8:54:14 PM EDT] InvestorsLive (Sep 18-20:50) killyourtv: 6-month chart shows almost 3 months of support at 6.40, then a couple months at 5.25ish, would that indicate if new base can stay north of 5.50, it could indicate a push towards 7?
[Sep 18, 2011 8:54:27 PM EDT] InvestorsLive yea could push towards $7 absolutley
[Sep 18, 2011 8:54:35 PM EDT] InvestorsLive in fact I’d expect at least 6.50 + before this move pulls
[Sep 18, 2011 8:54:43 PM EDT] InvestorsLive I’d be looking tomorrow 5.80 range
[Sep 18, 2011 8:55:05 PM EDT] InvestorsLive if it starts to consolidate arond 5.80 and perks off that support
[Sep 18, 2011 8:55:10 PM EDT] InvestorsLive I’ll be long anticipating the $6
[Sep 18, 2011 8:55:16 PM EDT] InvestorsLive stop area around 5.50 range mental
[Sep 18, 2011 8:55:41 PM EDT] InvestorsLive but obviously this isn’t a 3-5k shares type trade
[Sep 18, 2011 8:55:44 PM EDT] InvestorsLive just by looking at volume
[Sep 18, 2011 8:55:52 PM EDT] InvestorsLive ie: trade relative to the price action
[Sep 18, 2011 8:56:08 PM EDT] killyourtv could you elaborate on that
[Sep 18, 2011 8:56:29 PM EDT] killyourtv what about the volume keeps it from being a 3-5K trade
[Sep 18, 2011 8:56:45 PM EDT] InvestorsLive it trades thin
[Sep 18, 2011 8:57:04 PM EDT] InvestorsLive are you ok playing 5k shares if it trades .15-.20 cent upticks?
[Sep 18, 2011 8:57:12 PM EDT] InvestorsLive once it starts to roll
[Sep 18, 2011 8:57:37 PM EDT] InvestorsLive u trade relative to the price action, RIMM and SNDK you can play whatever size you want vs. something like this ….
[Sep 18, 2011 8:57:44 PM EDT] InvestorsLive CGA vs. BAC same price ranges
[Sep 18, 2011 8:57:54 PM EDT] killyourtv if I’m long, sure! I’ll take .20 upticks all day long! 🙂
[Sep 18, 2011 8:57:55 PM EDT] InvestorsLive may play 5-10k BAC but you’re risk is .05-.10
[Sep 18, 2011 8:58:16 PM EDT] InvestorsLive whereas CGA you could be out .30 in a quick second
[Sep 18, 2011 8:58:23 PM EDT] InvestorsLive so trade accordingly
[Sep 18, 2011 8:58:29 PM EDT] killyourtv thank you
[Sep 18, 2011 8:58:40 PM EDT] InvestorsLive btw – everyone sleeping or just watching
[Sep 18, 2011 8:58:46 PM EDT] InvestorsLive i know 2 peeps are awake
[Sep 18, 2011 8:58:57 PM EDT] InvestorsLive was 30 in here before so I know 50 + joined around 8PM
[Sep 18, 2011 8:59:01 PM EDT] EM101 watching
[Sep 18, 2011 8:59:01 PM EDT] InvestorsLive we all snoozin’ lol
[Sep 18, 2011 8:59:14 PM EDT] Robyn no
[Sep 18, 2011 8:59:16 PM EDT] Robyn lol
[Sep 18, 2011 8:59:19 PM EDT] Robyn we are with you
[Sep 18, 2011 8:59:22 PM EDT] Robyn 🙂
[Sep 18, 2011 8:59:23 PM EDT] Therlian watching and learning 🙂
[Sep 18, 2011 8:59:24 PM EDT] EM101 no didnt know i could participate after that last statement
[Sep 18, 2011 8:59:33 PM EDT] koogar just went for more Advil
[Sep 18, 2011 8:59:36 PM EDT] OddStockTrader haha
[Sep 18, 2011 8:59:39 PM EDT] Robyn studyinggggg
[Sep 18, 2011 8:59:53 PM EDT] jjevans just reading
[Sep 18, 2011 8:59:56 PM EDT] killyourtv I was really trying not to be “that guy” asking all the questions, but I wasn’t seeing much else going on.
[Sep 18, 2011 9:00:12 PM EDT] futurebound hah, thought we were in topic mode
[Sep 18, 2011 9:00:15 PM EDT] OddStockTrader thats true kill
[Sep 18, 2011 9:00:20 PM EDT] OddStockTrader i had that feeling as well
[Sep 18, 2011 9:00:24 PM EDT] InvestorsLive just seeing who is awake lol – got a few more charts
[Sep 18, 2011 9:00:30 PM EDT] InvestorsLive anyway so
[Sep 18, 2011 9:00:31 PM EDT] OddStockTrader hit us up
[Sep 18, 2011 9:00:31 PM EDT] InvestorsLive MOV http://www.investorsunderground.com/img/NQKMVKHOCN.png
[Sep 18, 2011 9:00:34 PM EDT] phatboyz Good stff
[Sep 18, 2011 9:00:36 PM EDT] EM101 i have plenty of questions, but i guess i have to read the New member page first
[Sep 18, 2011 9:00:44 PM EDT] InvestorsLive so here’s a chart been straight up
[Sep 18, 2011 9:00:50 PM EDT] InvestorsLive area of interest is $16 area
[Sep 18, 2011 9:00:58 PM EDT] InvestorsLive prior top – see how it reacts there that’s when I’ll be intersted
[Sep 18, 2011 9:01:13 PM EDT] InvestorsLive if it fails and starts to crack late day – def short biased
[Sep 18, 2011 9:01:39 PM EDT] InvestorsLive so my biased – nothing ‘cept late day fade or … $16 test and fail or $16 test breakout and short that move
[Sep 18, 2011 9:01:52 PM EDT] InvestorsLive but – how/what I’d be looking for there
[Sep 18, 2011 9:02:29 PM EDT] InvestorsLive Anther one ASIA http://www.investorsunderground.com/img/OUWVVMWXZB.png
[Sep 18, 2011 9:02:33 PM EDT] InvestorsLive a long biased? why
[Sep 18, 2011 9:02:39 PM EDT] InvestorsLive CONSOLIDATION
[Sep 18, 2011 9:02:50 PM EDT] InvestorsLive not the vol need higher than avg vol
[Sep 18, 2011 9:03:02 PM EDT] InvestorsLive if it comes in and breaks $11.50 prob a magnet on $12-13+
[Sep 18, 2011 9:03:10 PM EDT] InvestorsLive but nothing until it bust and holds $11.50
[Sep 18, 2011 9:03:21 PM EDT] killyourtv Question on MOV
[Sep 18, 2011 9:03:31 PM EDT] InvestorsLive can anticipate it me but I’m not short biased on ASIA because higher low
[Sep 18, 2011 9:03:43 PM EDT] InvestorsLive where’s it gonna go 10.70? not much reward for the risk
[Sep 18, 2011 9:04:00 PM EDT] InvestorsLive however if it breaks the top there former runner – usually moves a buck + when it moves
[Sep 18, 2011 9:04:11 PM EDT] InvestorsLive make sense? Questions on ASIA?
[Sep 18, 2011 9:04:58 PM EDT] OddStockTrader nope
[Sep 18, 2011 9:05:11 PM EDT] OddStockTrader i could see it break and go up to $14 or am i wrong there?
[Sep 18, 2011 9:05:37 PM EDT] killyourtv right odd, to the previous support level… was thinking the same thing
[Sep 18, 2011 9:06:20 PM EDT] OddStockTrader i mean maybe not right away but I see that happening with ASIA.
[Sep 18, 2011 9:06:29 PM EDT] InvestorsLive lets focus on it breaking $11.50 first
[Sep 18, 2011 9:06:35 PM EDT] InvestorsLive $14 is $3 away
[Sep 18, 2011 9:06:48 PM EDT] InvestorsLive ok – what was question on MOV?
[Sep 18, 2011 9:07:10 PM EDT] OddStockTrader yea thats true..but volume is inching up as well….(moving on)
[Sep 18, 2011 9:07:35 PM EDT] OddStockTrader i have BHRT question after MOV
[Sep 18, 2011 9:08:09 PM EDT] killyourtv 6 month chart shows a solid 4 months of MOV oscillating between 15.50 and 17.25 … is that relavant to what we are looking for it to do next week? if so, how?
[Sep 18, 2011 9:08:28 PM EDT] InvestorsLive I’m looking at it the time frame I showed u
[Sep 18, 2011 9:09:32 PM EDT] InvestorsLive that’s the part I care about
[Sep 18, 2011 9:09:38 PM EDT] InvestorsLive if it holds $16 and consolidates around there
[Sep 18, 2011 9:09:43 PM EDT] InvestorsLive then I’ll pull the chart out more
[Sep 18, 2011 9:09:50 PM EDT] InvestorsLive but right now I can see the play I’d take on that chart
[Sep 18, 2011 9:10:04 PM EDT] OddStockTrader IL (off topic) why dont you add in the lines when you post the scans on the blog?
[Sep 18, 2011 9:10:53 PM EDT] InvestorsLive b/c I like to spend time with my fiancé sometimes
[Sep 18, 2011 9:11:05 PM EDT] OddStockTrader true
[Sep 18, 2011 9:11:20 PM EDT] karen99 Question on ASIA. if you are suggesting to wait for 11.50 break before going long, does it make sense to put a limit order to buy at 11.51 and see if it takes?
[Sep 18, 2011 9:11:21 PM EDT] InvestorsLive CRM http://www.investorsunderground.com/img/DEUQARVALA.png
[Sep 18, 2011 9:11:36 PM EDT] InvestorsLive woops – karen if u put a limit buy at 11.51
[Sep 18, 2011 9:11:39 PM EDT] InvestorsLive then you’d just fill
[Sep 18, 2011 9:11:41 PM EDT] InvestorsLive at whatever price it is
[Sep 18, 2011 9:11:43 PM EDT] InvestorsLive below 11.50
[Sep 18, 2011 9:11:58 PM EDT] InvestorsLive I’m saying $11.50 b/c that was the prior resistance area
[Sep 18, 2011 9:12:03 PM EDT] InvestorsLive give or take
[Sep 18, 2011 9:12:04 PM EDT] karen99 okay
[Sep 18, 2011 9:12:13 PM EDT] InvestorsLive I’d prob take it long if it had a trend at 11.35
[Sep 18, 2011 9:12:21 PM EDT] InvestorsLive then add on 11.50 break w/ vol
[Sep 18, 2011 9:12:25 PM EDT] InvestorsLive etc
[Sep 18, 2011 9:12:35 PM EDT] InvestorsLive but you may just scratch out 2 or 3 times if u anticipate it like that
[Sep 18, 2011 9:12:53 PM EDT] InvestorsLive and it very well could crack – if the market crakcs this week – could turn into a great short – but my bias would be a long
[Sep 18, 2011 9:12:54 PM EDT] InvestorsLive IF
[Sep 18, 2011 9:12:55 PM EDT] InvestorsLive IF IF
[Sep 18, 2011 9:12:56 PM EDT] InvestorsLive it sets up
[Sep 18, 2011 9:13:05 PM EDT] killyourtv on karens question
[Sep 18, 2011 9:13:48 PM EDT] killyourtv I know scottrade has advanced order capability that wont place the order until certain conditons take place (like a set volume increase for example)
[Sep 18, 2011 9:14:24 PM EDT] InvestorsLive so if it does a random pop outta no where on some big market order and pulls right back u want it to automatically execute for ya?
[Sep 18, 2011 9:14:35 PM EDT] killyourtv nope 🙂
[Sep 18, 2011 9:14:45 PM EDT] InvestorsLive zactly
[Sep 18, 2011 9:14:49 PM EDT] InvestorsLive CRM http://www.investorsunderground.com/img/DEUQARVALA.png
[Sep 18, 2011 9:14:53 PM EDT] InvestorsLive so again just more of what I see when I look at the charts
[Sep 18, 2011 9:15:14 PM EDT] InvestorsLive what a killer move too kinda pissed I didnt take this o well
[Sep 18, 2011 9:15:20 PM EDT] InvestorsLive but many times I scan thru old charts beat charts
[Sep 18, 2011 9:15:27 PM EDT] InvestorsLive and put a mental picture ok when I see it at X price
[Sep 18, 2011 9:15:32 PM EDT] InvestorsLive I know I can make some $$ on it
[Sep 18, 2011 9:15:39 PM EDT] InvestorsLive so CRM I’ll be watching for any upside action thru $140
[Sep 18, 2011 9:15:46 PM EDT] InvestorsLive then I’ll prob have it on my screen
[Sep 18, 2011 9:15:49 PM EDT] InvestorsLive until then prob will ignore
[Sep 18, 2011 9:16:05 PM EDT] InvestorsLive until then prob a channel $130-140
[Sep 18, 2011 9:16:23 PM EDT] InvestorsLive that’s it for charts I had made up – hopefully answered a bunch of questions cuz people always wanna see what I see a
[Sep 18, 2011 9:16:26 PM EDT] InvestorsLive and why I see it etc
[Sep 18, 2011 9:16:47 PM EDT] InvestorsLive any questions from last weeks trades that didnt make sense?
[Sep 18, 2011 9:16:53 PM EDT] InvestorsLive any questions in general
[Sep 18, 2011 9:16:58 PM EDT] killyourtv question on CRM
[Sep 18, 2011 9:17:03 PM EDT] InvestorsLive if u see 20 questions please dont add a 21st
[Sep 18, 2011 9:17:05 PM EDT] OddStockTrader bhrt hasnt really moved…and thoughts?
[Sep 18, 2011 9:17:08 PM EDT] InvestorsLive lets roll ’em 1 or 2 at a time
[Sep 18, 2011 9:17:13 PM EDT] OddStockTrader BHRT
[Sep 18, 2011 9:17:27 PM EDT] InvestorsLive BHRT had the move no follow thru – off radar OTCs slow right now
[Sep 18, 2011 9:17:40 PM EDT] OddStockTrader ty
[Sep 18, 2011 9:17:50 PM EDT] InvestorsLive if it breaks .10 area might perk up
[Sep 18, 2011 9:17:51 PM EDT] killyourtv would lack of ability to hold 140 indicate a trip back down to 130
[Sep 18, 2011 9:17:54 PM EDT] InvestorsLive if it doesnt and vol dies off prob back to .05
[Sep 18, 2011 9:18:06 PM EDT] InvestorsLive the inability to hold 140 yes
[Sep 18, 2011 9:18:10 PM EDT] InvestorsLive not the ability to hold
[Sep 18, 2011 9:18:32 PM EDT] InvestorsLive oh ya that’s waht u said
[Sep 18, 2011 9:18:39 PM EDT] InvestorsLive so yea, any upside action thru $140 that speeds up
[Sep 18, 2011 9:18:41 PM EDT] InvestorsLive relative to recent action
[Sep 18, 2011 9:18:41 PM EDT] OddStockTrader SRCH had a good run friday but being promoted by hototc…any idea for monday?
[Sep 18, 2011 9:19:05 PM EDT] InvestorsLive SRCH isn’t being promoted by hototc
[Sep 18, 2011 9:19:14 PM EDT] InvestorsLive and yes, SRCH is on my scan has comments there
[Sep 18, 2011 9:19:25 PM EDT] ramkia IL when u say trader friendly stocks what are u looking for? Any in current scan?
[Sep 18, 2011 9:19:50 PM EDT] InvestorsLive SNDK has been trader friendly
[Sep 18, 2011 9:19:51 PM EDT] OddStockTrader haha well then he is claiming he alerted it..
[Sep 18, 2011 9:20:00 PM EDT] InvestorsLive nice trends all day that we have been trading
[Sep 18, 2011 9:20:07 PM EDT] InvestorsLive ie: it does what it supposed to do techniaclly
[Sep 18, 2011 9:20:30 PM EDT] InvestorsLive of course, hototc always says he alerted it, he does that every day cherry picks the winners
[Sep 18, 2011 9:20:38 PM EDT] InvestorsLive he didnt promote anything tonight
[Sep 18, 2011 9:20:47 PM EDT] OddStockTrader nope he didnt
[Sep 18, 2011 9:21:04 PM EDT] OddStockTrader congrats on getting married…as someone who just found out
[Sep 18, 2011 9:21:36 PM EDT] InvestorsLive I didn’t get married
[Sep 18, 2011 9:21:40 PM EDT] InvestorsLive still have to make it another year
[Sep 18, 2011 9:21:53 PM EDT] killyourtv How about playing stock that gap at open with big volume?
[Sep 18, 2011 9:22:16 PM EDT] InvestorsLive use what you learned tonight to judge accordingly
[Sep 18, 2011 9:22:31 PM EDT] InvestorsLive if it has strong support and hasnt ran for a while watch for a quick pull
[Sep 18, 2011 9:22:38 PM EDT] InvestorsLive if it has been running and over extended
[Sep 18, 2011 9:22:44 PM EDT] InvestorsLive watch for any parabolic or crack for s/s
[Sep 18, 2011 9:22:45 PM EDT] InvestorsLive same stuff
[Sep 18, 2011 9:23:32 PM EDT] killyourtv right, those act so whacky sometimes (DARA), might be better to just avoid them until I get more experienced
[Sep 18, 2011 9:24:00 PM EDT] OddStockTrader well at least the her saying “yes” part 🙂
[Sep 18, 2011 9:24:34 PM EDT] 1wolf Can u just briefly go over COL from friday
[Sep 18, 2011 9:27:58 PM EDT] InvestorsLive what about COL?
[Sep 18, 2011 9:28:00 PM EDT] InvestorsLive whats the question
[Sep 18, 2011 9:28:09 PM EDT] 1wolf like i think it went parabolic
[Sep 18, 2011 9:28:16 PM EDT] 1wolf how would we of shorted it
[Sep 18, 2011 9:29:28 PM EDT] InvestorsLive http://bit.ly/pNkua0
[Sep 18, 2011 9:29:33 PM EDT] InvestorsLive for COL
[Sep 18, 2011 9:29:51 PM EDT] karen99 just a random question, no specific stock. If a comment is made for example “short bias at 10”. and the stock is currently at 9.20. Does that imply to buy at 9.20. It is never said, and don’t know if that is a bad assumption??
[Sep 18, 2011 9:29:53 PM EDT] InvestorsLive re-tested the HOD and faded off it
[Sep 18, 2011 9:30:09 PM EDT] InvestorsLive so possible fade on $57
[Sep 18, 2011 9:30:17 PM EDT] InvestorsLive I mean hindsight is easy to suggest what to do with COL
[Sep 18, 2011 9:30:23 PM EDT] InvestorsLive but I think it popped with the TYC news
[Sep 18, 2011 9:30:34 PM EDT] InvestorsLive I had a PM some1 asking me if it wasf a short Friday
[Sep 18, 2011 9:30:46 PM EDT] InvestorsLive prior to TYC but answer was no because a) it was on HODs slowly chugging
[Sep 18, 2011 9:30:49 PM EDT] InvestorsLive and b) it never sped up
[Sep 18, 2011 9:31:01 PM EDT] InvestorsLive only thing woudl be parabolic action or … fail of a higher high
[Sep 18, 2011 9:31:03 PM EDT] InvestorsLive THEN
[Sep 18, 2011 9:31:08 PM EDT] InvestorsLive look at where it was holding support
[Sep 18, 2011 9:31:14 PM EDT] InvestorsLive where can u draw a line from as a magnet?
[Sep 18, 2011 9:31:24 PM EDT] InvestorsLive $55 area and $57 area
[Sep 18, 2011 9:31:48 PM EDT] InvestorsLive so late day fade – anticipate $57 crack around 57.10 w/ 1/2 size
[Sep 18, 2011 9:31:51 PM EDT] InvestorsLive then add on 57 test
[Sep 18, 2011 9:32:02 PM EDT] InvestorsLive stop .20-25s whatevers
[Sep 18, 2011 9:32:04 PM EDT] OddStockTrader do you see YRCW moving way down monday? or flat lining…i ask only to see what you think of a stock that can drop 77% in a day thats not a pump and dump
[Sep 18, 2011 9:32:08 PM EDT] InvestorsLive but that was a nice fade wish I had done it
[Sep 18, 2011 9:32:18 PM EDT] InvestorsLive (Sep 18-21:29) karen99: just a random question, no specific stock. If a comment is made for example “short bias at 10”. and the stock is currently at 9.20. Does that imply to buy at 9.20. It is never said, and don’t know if that is a bad assumption??
[Sep 18, 2011 9:32:36 PM EDT] InvestorsLive I wouldnt assume a long no but
[Sep 18, 2011 9:32:45 PM EDT] InvestorsLive could head htat way chances are its an over extended chart but
[Sep 18, 2011 9:32:47 PM EDT] InvestorsLive has room to run
[Sep 18, 2011 9:32:50 PM EDT] InvestorsLive towards $10
[Sep 18, 2011 9:33:08 PM EDT] InvestorsLive karen if ever that comes up just PM me
[Sep 18, 2011 9:33:29 PM EDT] InvestorsLive (Sep 18-21:32) OddStockTrader: do you see YRCW moving way down monday? or flat lining…i ask only to see what you think of a stock that can drop 77% in a day thats not a pump and dump
[Sep 18, 2011 9:33:37 PM EDT] InvestorsLive read 8K – lots of dilution or whatever
[Sep 18, 2011 9:33:40 PM EDT] InvestorsLive dropped for a reason
[Sep 18, 2011 9:33:44 PM EDT] OddStockTrader yea like 2bil shares
[Sep 18, 2011 9:34:04 PM EDT] InvestorsLive right – so yes can drop 77% would love to see a nice washout to .045
[Sep 18, 2011 9:34:09 PM EDT] InvestorsLive maybe rebound to .06-.07
[Sep 18, 2011 9:34:22 PM EDT] InvestorsLive but scary – could go BK etc
[Sep 18, 2011 9:34:26 PM EDT] InvestorsLive any further questions guys?
[Sep 18, 2011 9:34:51 PM EDT] OddStockTrader ummm
[Sep 18, 2011 9:35:01 PM EDT] killyourtv YRCW
[Sep 18, 2011 9:35:04 PM EDT] OddStockTrader its more of a PM question
[Sep 18, 2011 9:35:28 PM EDT] killyourtv one hour at .07 with volume does not a bottom make?
[Sep 18, 2011 9:35:54 PM EDT] InvestorsLive what?
[Sep 18, 2011 9:36:17 PM EDT] OddStockTrader i think hes asking. becuase it was at .07 for so long..does that make a support?
[Sep 18, 2011 9:36:32 PM EDT] killyourtv YRCW, the last hour of the day, it looked like it was getting support at .07
[Sep 18, 2011 9:37:15 PM EDT] InvestorsLive thought it cracked the last 5-10 minutes a lil lower
[Sep 18, 2011 9:37:18 PM EDT] InvestorsLive lemme look
[Sep 18, 2011 9:37:22 PM EDT] OddStockTrader i did
[Sep 18, 2011 9:37:24 PM EDT] OddStockTrader it
[Sep 18, 2011 9:37:27 PM EDT] jout8 .06 somethin
[Sep 18, 2011 9:37:35 PM EDT] OddStockTrader but bounced back up
[Sep 18, 2011 9:37:37 PM EDT] dogfooddog issue was a monster 07 hidden seller
[Sep 18, 2011 9:37:43 PM EDT] InvestorsLive so how is .07 the support
[Sep 18, 2011 9:37:45 PM EDT] InvestorsLive if it cracked
[Sep 18, 2011 9:38:08 PM EDT] ChopStockTrader ha BK…we need to add that to the acronyms
[Sep 18, 2011 9:38:09 PM EDT] jout8 YRCW is insane.. tough tough not to get your ballz giving to ya
[Sep 18, 2011 9:38:16 PM EDT] InvestorsLive that’s like saying a stock held $10 all day and dropped to $9.50 at close
[Sep 18, 2011 9:38:19 PM EDT] InvestorsLive so $10 is bottom?
[Sep 18, 2011 9:38:21 PM EDT] OddStockTrader lol
[Sep 18, 2011 9:38:47 PM EDT] killyourtv Last was .07
[Sep 18, 2011 9:39:17 PM EDT] InvestorsLive I’d play if there was a washout
[Sep 18, 2011 9:39:19 PM EDT] InvestorsLive or r/g
[Sep 18, 2011 9:39:21 PM EDT] InvestorsLive other than that ignore
[Sep 18, 2011 9:39:30 PM EDT] OddStockTrader id say its going lower…but what IL said
[Sep 18, 2011 9:39:32 PM EDT] killyourtv 1sec/5min chart shows it bouncing between .07 and .0699
[Sep 18, 2011 9:40:10 PM EDT] dogfooddog I think washout on YRCW at some point, existing shares only 2.5% post-merger, then reverse split
[Sep 18, 2011 9:40:37 PM EDT] InvestorsLive it dropped for a reason killy
[Sep 18, 2011 9:40:44 PM EDT] InvestorsLive u do understand that just b/c its cheap doesnt mean its cheap right?
[Sep 18, 2011 9:40:49 PM EDT] dogfooddog anyone betting on this thing having sustained move up is playing with fire, eventually goig to be sub-penny
[Sep 18, 2011 9:41:07 PM EDT] InvestorsLive its going to reverse split if not bankruptcy
[Sep 18, 2011 9:41:15 PM EDT] dogfooddog co has stated reverse nov or decemer
[Sep 18, 2011 9:41:32 PM EDT] dogfooddog however faces delisting before then
[Sep 18, 2011 9:42:18 PM EDT] OddStockTrader just dont chase it like me
[Sep 18, 2011 9:44:36 PM EDT] InvestorsLive alright guys have a good night – lots of plays out there we should have a good week
[Sep 18, 2011 9:44:40 PM EDT] InvestorsLive just remember if you’re wrong be wrong
[Sep 18, 2011 9:44:44 PM EDT] InvestorsLive you can control being wrong
[Sep 18, 2011 9:44:53 PM EDT] InvestorsLive if you don’t control it, you won’t be here long
[Sep 18, 2011 9:45:12 PM EDT] InvestorsLive we trade high daily range stocks – dumb ur bags and cut losses
[Sep 18, 2011 9:45:38 PM EDT] InvestorsLive if anyone has trouble during the day you know my PM box is always open
[Sep 18, 2011 9:46:56 PM EDT] InvestorsLive actually SNGX
[Sep 18, 2011 9:46:57 PM EDT] InvestorsLive for example
[Sep 18, 2011 9:47:06 PM EDT] InvestorsLive relate to YRCW
[Sep 18, 2011 9:47:13 PM EDT] InvestorsLive does a whole lot of nothing
[Sep 18, 2011 9:47:28 PM EDT] InvestorsLive let it be – focus on stocks we have an edge on
[Sep 18, 2011 9:47:35 PM EDT] InvestorsLive dont try to predict YRCW if it sets up it sets up
[Sep 18, 2011 9:47:36 PM EDT] InvestorsLive we take it
[Sep 18, 2011 9:47:37 PM EDT] InvestorsLive if not
[Sep 18, 2011 9:47:39 PM EDT] InvestorsLive ignore
[Sep 18, 2011 9:47:41 PM EDT] OddStockTrader i foresee YRCW just loses volume
[Sep 18, 2011 9:48:03 PM EDT] karen99 thanks. gn
[Sep 18, 2011 9:48:07 PM EDT] InvestorsLive later guys – gn
[Sep 18, 2011 9:48:17 PM EDT] killyourtv Thanks Nate
[Sep 18, 2011 9:48:30 PM EDT] Robyn thank you-gn
[Sep 18, 2011 9:48:31 PM EDT] OddStockTrader night
0 Comments